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Nextail raised $10m. Lookiero raised €4m. IronHack's expansion plans. Samaipata invests in French startup Totem.

July 7, 2019 • Issue #121

360 Talent es la primera consultora de RRHH de España, que desde el año 2013 cuenta con una división especializada en startups. Somos expertos en procesos de selección en el área IT (fullstack, back-end, front-end, mobile, DevOps…), online marketing, operaciones, ventas, logística, finanzas, así como todas las posiciones C-Level. Nuestro objetivo es seguir creciendo con tu empresa! ¿Hablamos?

Startup funding news 💸

  • Madrid-based Nextail raised $10 million for its intelligence platform for fast fashion retailers. The round was led by KEEN Venture Partners LLP, with participation from Sonae IM and existing investor Nauta Capital
  • Bilbao-based fashion startup Lookiero raised €4 million from All Iron Ventures
  • Madrid-based real estate crowdfunding startup Urbanitae raised almost €1 million from K Fund, All Iron Ventures and Viriditas
  • Galician startup Pilgrim raised €400,000

Investor & accelerator news 🚀

  • Spanish VC firm Samaipata Ventures invested in French startup Totem. The company explained why it made the investment in a blog post
  • Banco Sabadell launched BStartup Health, a program to invest in health startups

Startup news 💡

  • Edtech startup Iron Hack continues its international expansion, with two new programs in Amsterdam and Sao Paulo. According to Kippel01, Iron Hack also expects to launch ‘in-company programs’ this year and a new course focused on data analysis
  • El Confidencial published a very critical article about Glovo and its labour relationship with riders
  • Mobile classifieds startup Letgo has started implementing its monetisation plan in the US, as its popularity continues to grow in Turkey
  • NYC and Madrid-based CoverWallet looks to make it easy for businesses to get commercial insurance. The company will create an open-ended tool that allows third parties to plug directly into its services
  • Motorbikes from eCooltra will be available outside of Madrid’s M30 area in the fall. The company also disclosed a partnership with emov to launch different initiatives in Madrid and Lisbon
  • Startup profiles: Smartvel (travel)

Big company news 🏦

  • Travel tech company eDreams published its earnings report for its latest fiscal year: €20 million in net profit (vs. €10 million in the previous term) on €508 million in revenue (+5%)
  • Telefonica to pay more than €1 billion to secure Champions League TV rights in Spain. The company expects to now sell the rights to Vodafone and Orange
  • La Informacion looked at the business partnership between Amazon and local Spanish market Mercado de la Paz

Tech and policy 💂🏼

  • Barcelona to implement limitations on Uber and Cabify in the city, with a strict 1-to-30 ratio for VTC licenses vs. taxi ones. The Spanish government has told Barcelona’s city major that it does not have power to regulate in such a way the activity of both companies
  • Amazon continues its discussions with labour unions that threaten to once again go on strike. Workers in its distribution centres demand better working conditions

Interesting reads 🤓

  • Jaime Novoa (K Fund): ’The evolution of the Spanish VC ecosystem
  • CEO and founder Joshua Novick to leave Antevenio: ’20 years of Antevenio and today is my last day

Podcasts of the week 🎧

  • talked to Carlos Domingo, Pablo Ventura, Juan Maria Nin, Mariano Torrecilla and Javier Martin about the world of crypto and blockchain
  • Itnig interviewed Benjamin Viguier, co-founder and CEO of Yugo